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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)

After a series of social media posts hinting at it, Italian supercar-maker Lamborghini has finally announced its first NFT (non-fungible token) project. Space Key is being developed by a non-publicized artist and based on the latest carbon fiber composite materials that were shipped to the International Space Station as research material, is a new project that has been revealed by Lamborghini.

In collaboration with NFT PRO(tm)

Italian supercar maker Lamborghini is dipping its toes into the world of non-fungible tokens (NFTs). The latest project, named the Space Key, is a work of art created by a lone artist. The one-of-a-kind NFT is a physical object which connects to a unique digital artwork accessible through a QR code that is located on the back. The project is limited to five pieces and will be auctioned in the coming weeks.

The Space Key is made of carbon composite material which Lamborghini, in the course of a research project in 2019 and sent to the International Space Station. Once it returned to earth, the carbon fiber was then sculpted into this unique art. The physical object is imprinted with an NFT serial number that ties to the corresponding digital artwork with a QR code that is located on the back.

For those who don't aware, NFTs are unique identifiers stored on a blockchain ledger. They are linked to a digital asset, such as a video, image or music. This allows owners to ensure the authenticity, scarcity and trackability of their tokens over the internet.

Lamborghini takes this unique approach to art a step further by working with NFT PRO - an white label NFT solution for businesses. In the coming weeks, Lamborghini will reveal information about this exciting project. This will include the names of the artists unknown to them and a timeline for auction.

The physical component of the Space Key

After a series of social media posts that tease something related to space, Italian supercar maker lamborghini digital key has stepped into the realm of tokens that aren't fungible (NFT) with an exclusive project dubbed Space Key. It was developed in collaboration with an unidentified artist The NFT is a collectible item that will be auctioned off in a couple of weeks. Its core is made of advanced carbon fibre composite material, which was sent to the International Space Station in 2019 as part of a research program. Carbon fiber was 3D printed for the base of every Space Key. Each Space Key is linked to an exclusive digital artwork using an QR code. Five Space Keys have been produced.

NFTs are unique identifications that can be recorded in distributed ledgers, such as the Blockchain and linked to a digital asset like pictures. It's a hot subject among people with more money than common sense. So it was only a matter of time until automakers decided to cash in.

Space Key is made up of five units. It was created using a piece of carbon fiber composite. It was sent to the ISS back in 2019. Each NFT will be equipped with a QR code which links it to a unique digital artwork created by the same artist. In the coming weeks and days, more details will be revealed including the name and digital artwork of the artist, as well as how to purchase one of the five Space Keys.

The digital artwork

After weeks of social-media posts that hinted at it, luxury automobile maker Lamborghini finally revealed its first venture for non-fungible tokens (NFT). It's dubbed the Space Key, it consists of five items that unlock an exclusive digital art work NFT by a yet-to-be-identified artist. The project was developed in collaboration with NFT PRO(tm), the 'collector's piece' is limited to only five units and will be auctioned off soon.

At the center of each Space Key is a block of carbon fire composite material that was sent to the International Space Station in 2019 as part of a research program. After returning to Earth it was stamped with the QR code which links it to the digital element of the Space Key.

Each of the five Space Keys will feature a separate moment that occurs a few seconds apart as the lamborghini key for sale Ultimae lifts off toward the stars. Each of the five images was captured by photographer Fabian Oefner and contains over 600 million pixels.

Oefner employed an inflatable camera with an lens to take individual images, which were then combined into the final photo. The result is an out of this world photo that captures the beauty of Earth as well as the futuristic, hyper-realistic image of the lambo car key rising from it. The Space Keys are going to be auctioned in the near future, however there is no exact date or location yet.

The auction

With the slogan 'to the moon', luxury automobile manufacturer Lamborghini has entered the realm of non-fungible tokens (NFT) with a fascinating project in collaboration with NFT PRO(tm). The Space Key Space Key is an NFT made of composite carbon fiber that was actually taken to the International Space Station for research purposes in 2019. The actual sample was cut into five unique pieces that link to exclusive digital art work created by an artist that has yet to be revealed through the QR code.

The auctions will take place between February 1 and February 4. They will last 75 hours and 50 minutes - the time it took Apollo 11 for him to leave Earth and enter the Lunar orbit. By making an online registration, you can bid on five NFTs. Each NFT will be auctioned off separately and the winner will be awarded an original digital art work by the renowned photographer Fabian Oefner that captures five different moments the Space Key experienced during its flight in outer space.

The full details of the Space Key and its accompanying digital artworks will be revealed over the next weeks including the identity of the unidentified artist as well as information on how to obtain these amazing creations. Keep an eye on Lamborghini's Instagram for all the information you need!